My husband and I are approaching an exchange on a house in Small Heath and my parents have sent the 10% deposit to my conveyancer. I am now advised that as the deposit has not come from me my solicitor needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I informed the bank about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The conveyancing practitioner is duty bound to check with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Completed the sale of my flat in Small Heath last November yet the purchaser is whats apping daily to moan that her conveyancer is waiting to hear from myconveyancer. What are the post completion sale legalities following completion?
Following your disposal your solicitor is committed to forward the transfer documentation and all of the paperwork to the purchaser's solicitors. If applicable, your conveyancer must also evidence that the mortgage has been discharged to the purchasers solicitors. There is unlikely to be post completion steps unique to conveyancing in Small Heath.
Do I have to pop into the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Small Heath so that I can pop in to their offices when needed.
Whereas this was necessary 15 years ago, the vast majority lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to supply ID documents and there are still distinct benefits to using a local practitioner, in your case a conveyancing solicitor in Small Heath.
We are aiming to move house in March. Will my conveyancing solicitor update the removal company on the day of completion. On a separate note, can you suggest a removal company in Small Heath. Conveyancing solicitor was found prior to coming across your site.
On the day of completion you will need to pick up the house keys from your estate agent however this should only happen once the sellers lawyers confirm to the agent that the monies to complete are in and the keys can be passed over. You will need to inform the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can assist you in locating a conveyancing in Small Heath or a solicitor with expertise in conveyancing in Small Heath.
I currently have a mortgage with Co-operative for my property in Small Heath. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Co-operative?
Your original mortgage agreement with Co-operative will provide that you need their approval prior to letting out your property as this is likely to be a breach of Co-operative’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Co-operative directly. You need not do this via a Co-operative conveyancing panel firm.
The formalities of my purchase has taken place for my property in Small Heath. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I am thinking of appointing a conveyancing lawyer in Small Heath for my house move. Is it possible to check a solicitor's record with the legal regulator?
Anyone may search for presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may recorded call for training purposes.